Deregulation and Its Discontents: Rewriting the Rules in AsiaDeregulation and its Discontents examines the different ways in which the issues related to deregulation and reregulation have been addressed in Asia. The role of government in business has gone through distinct, if overlapping, cycles: regulation, deregulation and reregulation. However, little is known about deregulation and even less about reregulation, particularly in relation to Asia. The contributors to this book examine the links between the cycles through detvailed analyses of the electricity market, pensions and stock markets in the Asia Pacific. They also offer an explanation of regulatory cycles. This unique and inter-disciplinary book is thoroughly accessible and will be suitable for specialist as well as non-specialist readers. It will appeal to academics and researchers of public sector economics, Asian studies - and the political economy of Asia in particular - as well as public officials dealing with regulatory issues. |
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This makes it difficult for a government to determine the auction in which a given service obligation should be auctioned . The problem is considerably more complex ( and severe ) since entire sets of obligations are selected for ...
To minimize costs , the right firms must be given the right set of universal service obligations to be fulfilled at the right time , and advance central planning by a government regulator is unlikely to produce that result .
Since the trading phase will tend to minimize costs , the principal objective in the distribution of obligations is to minimize subsidies . This can be achieved in an open and competitive environment through use of an auction .
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Contents
developing a responsive regulation | 13 |
race to the bottom | 29 |
Tables | 45 |
Copyright | |
10 other sections not shown
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Deregulation and Its Discontents: Rewriting the Rules in Asia M. Ramesh,Michael Howlett Limited preview - 2006 |